Friday, September 1, 2017

Survey: US August factory activity at 6-plus year high

September 01, 2017 at 09:30AM

WASHINGTON (AP) — U.S. factories expanded at a brisk pace in August, a likely sign of strength for the U.S. economy as new orders, production and employment all improved.

The Institute for Supply Management said Friday that its manufacturing index rose to 58.8 percent last month from 56.3 percent in July.

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